Author Topic: China Arrests Ex-Development Bank Official for Alleged Bribery  (Read 1025 times)

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China Arrests Ex-Development Bank Official for Alleged Bribery
« on: February 14, 2022, 02:55:36 AM »
China Arrests Ex-Development Bank Official for Alleged Bribery
Bloomberg News
February 12, 2022, 9:27 PM PST

https://www.bloomberg.com/news/articles/2022-02-13/china-arrests-ex-development-bank-official-for-alleged-bribery

A former vice president of China Development Bank has been arrested for alleged corruption, the latest in Beijing’s months-long anti-graft campaign that has snared more than 20 officials in its finance sector alone.

Charges against He Xingxiang include accepting bribes, issuing loans illegally and concealing overseas deposits, according to a Sunday statement from the Supreme People’s Procuratorate. He was placed under investigation in September, before being expelled from the Communist Party last month.

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